Goldstein Market
Date of publication: 28 March 2020
Convenience Store Market is Expected to Garner $ 48.1 Billion by 2024
According to Goldstein Research, global convenience store market is expected to reach 48.1 billion by 2024
According to Goldstein Research, global convenience store market is expected to reach  48.1 billion by 2024, growing at a CAGR of 0.28% over the forecast period through 2024. The factors such as longer open hours and requiring small area to sell multiple varieties of products are primarily driving the growth of the market. Global convenience store market segmentation has been done on the basis of product type, store type and geography. Gasoline accounted for the largest market of 53.2% in 2016 and tobacco is estimated to be the most opportunistic segment to grow at a CAGR of 1.3% over the forecast period.
Global convenience store market is largely dominated by North America with a market share of 34.0% in 2016. North America accounts for the largest number of convenient stores across the globe. It is closely followed by Europe with the U.K. having maximum convenient stores across Europe.

Market Segmentation

On the basis of our in-depth analysis, Global Convenience Store Market can be segmented as follows:

By Types of Product

  • Gasoline
  • Food
  • Fresh
  • Packed
  • Beverages
  • Tobacco
  • Snacks and Refreshments
  • Grocery items
  • Financial services

By Type of Store

  • Kiosks
  • Mini Convenience Store
  • Limited Selection Convenience Store
  • Traditional Convenience Store
  • Expanded Convenience Store
  • Hyper Convenience Store

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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 “Global Convenience Store Market Outlook 2024” by Goldstein Research contains detailed overview of the global convenience store market in terms of market segmentation by types of product and types of store.
Further, for the in-depth analysis, Global Convenience Store Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as 7-Eleven Inc, Alimentation couche-tard, Speedway, Casey’s general STORE Inc, Murphy USA Inc, Bargain Booze select convenience, Best-One, Convenience retail Asia, Amazon Go, Sunoco LP, Gasbuddy, BGF retail, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global convenience store market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
The Report is Available @

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on consumer retail reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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